10. The project business case provides a high-level description of what the project will accomplish and
how it will be done.
11. A background statement is often added to a project charter to help stakeholders better understand the
background behind the scope overview and business case.
12. A background statement is a mandatory element of the project charter that sets the stage for creation of
the scope overview and business case.
13. The project master network is a summary-level schedule that identifies the major schedule milestones
or significant points and events in the project.
14. A deliverable is any unique and verifiable product, result or capability to perform a service that is
required to be produced to complete a process, phase, or project.
15. A key concept in agile projects is that something of value will be delivered at each iteration.
16. Assumptions identified in the project charter include events that, if they occur, will have either a
positive or a negative effect on a project’s objectives
17. Risks, assumptions and constraints are included in the project charter so that key participants will be
aware of what could prevent them from successfully completing the project.
18. At the time the project charter is prepared there is typically a very general understanding of the project,
so if a budget is included it can only be a rough estimate.